Diamond Shavings: Your Friday Web Roundup

A lot of the comment problems I talked about last week seem to have been solved … So feel free to speak up!

 

And here’s the news …

 

JCK show, magazine merge.

My thoughts/explanation.

 

ICA director murdered in Kenya. Very sorry to hear.

Killers arrested.

 

Govt: Retail sales fell in July.

– Report hurts retail stocks.

– Economists surprised.

 

GLG on Finlay and Zale.

 

Bidz sales, profits fall.

– Shares slide.

– Seeking Alpha on Bidz.

– Motley Fool on Blue Nile.

 

IIJS show reports (all generally positive): JCK India, Idex, Diamond World, Rapaport.

– Pakistan group participates.

 

Indian diamond business picks up.

– Surat’s traders “rush to China.”

– But business may shift to Gujarat.

 

Gitanjali head: Samuels, Rogers drop 7 -8%.  No offense to the people there, but given the drops other chains are posting, that seems low.

 

Did Botswana cut dirty deals with disgraced Congressman?

– DTC Botswana takes aim at smugglers.

 

Hillary Clinton again praises Botswana diamond industry.

– Also here. And here.

 

Alrosa sells $35 million.

– Reopens sales window.

 

Zimbabwe army tightens grip on diamond fields.

– Human Rights Watch calls for immediate KP ban.

 

UN upset about Angola diamond deportations.

 

Chaim has more on Kimberley.

 

Rio Tinto exploring for diamonds in India.

– De Beers nervous about security in Jharkhand.

 

“Record” heist at Graff.

Man arrested.

 

Indian broker fakes robbery.

 

Zimbabwe dealer accused of smuggling.

– British woman is too …

 

Possible strike at Element Six.

 

Unemployed Israelis trained as polishers.

 

GIA offers sealing service.

 

Jewelers must enforce “red flags” rule.

 

Heidi Klum folds jewelry line due to Van Cleef lawsuit.

 

Russell Simmons talks about industry not-so-nicely (although I was amused).

 

Pig eats woman’s diamond. “It wasn’t malicious or anything.”

 

Media Watch:

Forbes.com profiles Paragon Lake. (Video)

 

From the Blog

Russell Simmons Really Speaks His Mind.

The (Latest) Changes at JCK.

 

Have a great weekend …

 

– Cutting Remarks RSS Feed.

– Twitter feed (w/blog and news updates): robbatesjck

 

 

 

 

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JCK News Director

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